Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 108500
per

Your estimated
City
free-cash

Valencia , Spain
-₽83530
-₽34539
-₽61130
-₽46780
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
108 500
other
-
-
-
112
unemployment
-
-
-
762
income
-
-
-
14 430
pensions
-
-
-
30 707
accident
-
-
-
979
total
-
-
-
46 990
Employee
145 610
-
66 576
-
unemployment
2 257
-
2 040
-
other
142
-
135
-
pensions
6 845
-
6 180
-
income
28 073
-
11 060
-
total
37 317
-
19 415
-
Employer
145 610
-
66 576
-
other
1 166
-
1 054
-
accident
2 885
-
2 601
-
pensions
34 361
-
31 036
-
unemployment
8 011
-
7 234
-
total
46 423
-
41 925
-
Corporate
-
108 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
16 276
-
-
total
-
16 276
-
-
Dividends
-
92 224
-
-
withholding
-
18 473
-
-
total
-
18 473
-
-
Income
108 500
108 500
108 500
108 500
Total tax
83 740
34 749
61 340
46 990
After tax
24 760
73 751
47 160
61 510
Living cost
108 290
108 290
108 290
108 290
Free-cash
-83 530
-34 539
-61 130
-46 780

Estimated living cost  is ₽108290 per month

₽73094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽10410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽1898
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽22890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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